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  • Seven out of 10 of the world's biggest companies are planning to increase spending over the next year to combat climate change, according to accounting firm Ernst & Young.
  • UIL Holdings has agreed to acquire three plants in New England from Iberdrola for approximately $1.3 billion and is planning to issue debt and equity to fund the purchase.
  • Horizon Wind Energy is selling the remaining tax equity stake in a trio of wind farms totaling 604 MW to a subsidiary of Wells Fargo.
  • SkyPower has teamed with German developer Conergy to put photovoltaic installations on rooftops in Ontario.
  • The U.S. Chamber of Commerce's energy policy group is unveiling an Index of U.S. Energy Security this week based on 37 types of data from government and industry sources charting the rise and fall of energy risks to the nation's economy.
  • Britain is likely to miss a European renewable energy target and its goal of slashing greenhouse gases by 34% by 2020 due to a strengthening economy and emissions declining more slowly. For the full story, head to Reuters.
  • A nuclear plant site at Dungeness in England is being reconsidered due to the new U.K. government.
  • The U.S. grid can handle at least 35% more power from renewable resources by 2017, according to the National Renewable Energy Laboratory.
  • U.S. safety regulators have issued a strict warning to the energy industry after 58 workers have died in the last three months in a series of industrial accidents.
  • The U.S. Postal Service has agreed to pay $28.7 million to GridPoint for energy management services to cut costs, as it projects a near $7 billion loss this year.